Assuming it is compounded monthly, Lucas will have $28,128,737.86 in his account after 16 months.
In order to answer the question we need a picture of some kind
Answer:
4.25 i think
Step-by-step explanation:
sorry i have not done these in a while it might be wrong
A) The amount financed is the purchase amount less the down payment.
$2,574.54 -574.54 = $2000.00
B) The finance charge is the total of payments less the amount financed.
18*$121.00 -2000.00 = $178.00
C) The APR is calculated by a financial calculator to be 10.96%.